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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Stoicreddy on May 04, 2021, 09:10:01 AM



Title: HODL Strategy - Exchange Coins
Post by: Stoicreddy on May 04, 2021, 09:10:01 AM
This is Not a Financial Advise, I am not a Financial Advisor. You should be prepared to loose all the money you put in Crypto, if not do not put in that money.

I would like to talk about the Exchange Coins, which got a huge potential.

In a traditional stock market if you want to buy stocks you need to go through a broker, if you want to buy currencies you need to through a forex broker/trader. These are the ones who mints money irrespective of the markets going up or down.

Unlike a traditional market we don't have these middle men (brokers) in Cypto Markets. We directly deal with the exchanges. Exchanges are the ones that make money irrespective of the market moments (bullish/bearish).

Each crypto exchange has a native token (commonly called as coin) that offers discounts in the trading fee, when you pay the commission using the token that is native to that exchange. Just like how the brokers make money in a traditional market, Cyrpto Exchanges makes money through the commissions collected from the users.

I strongly believe that these tokens should be part of every user with HODL strategy. These are not flying to moon coins but, I see a steady growth with a crystal clear use case. As an example look at Binance Coin BNB, we all know what happened to these coins it was trading in 2 digits few months back, at the time of writing this topic, it was trading at around $650.

I have hand picked few of them, and believe there is a huge potential for these coins to grow in near and far future. Let us share your views and comments.

Spot Exchange Tokens/Coins:
  • BNB (Binance Coin)
  • KCS (KuCoin Token)
  • CRO (Crypto.com Coin)
  • HT (Huobi Token)
  • GT (Gate Token)


Decentralized Exchange Tokens/Coins:
  • UNI (UniSwap)
  • CAKE (PanCakeSwap)
  • SUSHI (SushiSwap)
  • BURGER (BurgerSwap)
  • 1INCH (1inch)


Lending Exchange Tokens/Coins:
  • XVS (Venus)
  • AAVE (Aave)
  • COMP (Compound)



Title: Re: HODL Strategy - Exchange Coins
Post by: Raytheon on May 04, 2021, 09:35:39 AM
All the coins/tokens you picked have increased by multiple times. Holding those won't bring you huge profit. If it were me, I would apply similar strategy but with less known exchanges/platforms. Some of typical examples are BAKE (bekeryswap) and BANANA (Apeswap). Both these tokens have just increased by many times in the last couple of weeks.


Title: Re: HODL Strategy - Exchange Coins
Post by: X-ray on May 04, 2021, 10:17:36 AM
Agreed, people should not take this as financial advise but we know that your main strategy. Remember that those exchange tokens have fully working product and that being said that they can still grow even when the market turns into the bearish trend.  I have bought lots of BNB when the price was around $10 and i got a very big profit. I was also using the same strategy like you dude.
So many people have been rushing various exchange tokens because they saw these tokens have big opportunities to be even bigger from time to the time.


Title: Re: HODL Strategy - Exchange Coins
Post by: elda34b on May 04, 2021, 11:01:45 AM
Holding those won't bring you huge profit. If it were me, I would apply similar strategy but with less known exchanges/platforms. Some of typical examples are BAKE (bekeryswap) and BANANA (Apeswap).
In short it's about risk that you can afford to take. Choosing low mcap coins carries a huge risk while those who're in top 100 might take a long time to give you 3x or more but it's relatively more stable. Choose your poison wisely.


Title: Re: HODL Strategy - Exchange Coins
Post by: Stoicreddy on May 04, 2021, 11:10:55 AM
All the coins/tokens you picked have increased by multiple times. Holding those won't bring you huge profit. If it were me, I would apply similar strategy but with less known exchanges/platforms. Some of typical examples are BAKE (bekeryswap) and BANANA (Apeswap). Both these tokens have just increased by many times in the last couple of weeks.

Agreed, they have increased. You got the idea but you are saying to implement it in less known exchanges with an extreme risk :D. Risk might High to Very High in the coins I picked. But your idea got extreme risk and so lucrative returns.

Out of my picks CRO is still struggling to pick up and it's popularity is picking so I see potential in this.


Title: Re: HODL Strategy - Exchange Coins
Post by: mrdeposit on May 04, 2021, 11:20:27 AM
This year's market is much different from the old ones, so I thought it would be better to being trendy. So I invested in juld and cake and managed to make a good profit. Actually I am very happy with this situation, but we should keep most of the investment away from exchange tokens. Almost they are just hanging from a rope and it is not that difficult to break the rope, except bnb.
And I also think that the current situation is better for selling, not holding. The market has to fall after a certain point. Otherwise, this situation is gonna worn market a lot and the longer it lasts, the worse it will be.


Title: Re: HODL Strategy - Exchange Coins
Post by: ElmedoRator on May 04, 2021, 11:31:35 AM
Yes, I totally agree with your views on which Exchange Coin should be held, but it is not at this point that most of them are already at a very large growth rate, I looked at. Exchange Coin from the early stage of the uptrend began, and I was right with that decision, but now I no longer keep many of them and switch to other platforms that are in the market. At any given stage, in my opinion the growth will begin for the Exchange Coin along with the major projects in the market and then the rest of the altcoins in the market.


Title: Re: HODL Strategy - Exchange Coins
Post by: Luffygroove on May 04, 2021, 11:48:58 AM
For me investing means managing your own risk. I agree that those projects that you mentioned before have a good future considering that they're already steady enough. Each project already has a good track record in the crypto world. However, I think because of their steadiness, there won't be many surprises. The profit won't be too high now. In this crypto world, everything is about managing risk. Higher the risk, probably higher the profit. I've found several new exchangers with unique features and great development like Burency and AdonX, you might want to check it.


Title: Re: HODL Strategy - Exchange Coins
Post by: Stoicreddy on May 04, 2021, 11:52:00 AM
Agreed, people should not take this as financial advise but we know that your main strategy. Remember that those exchange tokens have fully working product and that being said that they can still grow even when the market turns into the bearish trend.  I have bought lots of BNB when the price was around $10 and i got a very big profit. I was also using the same strategy like you dude.
So many people have been rushing various exchange tokens because they saw these tokens have big opportunities to be even bigger from time to the time.

True, and the downside or Critical Risk of this strategy is if not all the coins I picked, most of those coins are centralized and this is is ironic to the whole idea of founding/developing Cyrpto currency (Bitcoin). The idea of Crypto currency is decentralization when they begin it, but it is taking a different shape as it grows huge and huge.


Title: Re: HODL Strategy - Exchange Coins
Post by: Shallow on May 04, 2021, 01:23:34 PM
I totally agree with you, because coins with good and applicable utility last long term, and as such exchange coins fits into this category. However, just like you highlighted some exchanges, it shows that not all exchange coins are worth holding thus also meaning that for you to hold an exchange coin for long term, that exchange in question should be one that keeps growing, it also should be one whose team are always ready to innovate, improve and expand their services; without this the exchange won't grow and their coins won't appreciate in value.
Nevertheless, although these exchanges are good and have attractive products and services, it is likewise good to know that crypto volatility still exists.


Title: Re: HODL Strategy - Exchange Coins
Post by: ashmodeus on May 04, 2021, 01:32:12 PM
as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.


Title: Re: HODL Strategy - Exchange Coins
Post by: laredo7mm on May 04, 2021, 04:50:41 PM
Many people regretting about selling their UNI and CAKE too early. If you know about the market trend then you can pick the right trend and be profitable with it. When low-cap coins are pumping then holding only large-cap coins is not a good idea. Just follow the trend and hold your coin. Also, don't forget to cash out when you are in profits without just watching it down again.


Title: Re: HODL Strategy - Exchange Coins
Post by: serjent05 on May 04, 2021, 04:56:25 PM
These kinds of coins have real-life use.  They get a discount on the trading fees when holding or using it.  Aside from that, once the exchange is established and becomes popular, the confidence level of this coin will be higher.  So holding these kinds of coins will give us a good profit in the long run.


Title: Re: HODL Strategy - Exchange Coins
Post by: go4crypto on May 04, 2021, 04:57:27 PM
Most of the exchange coins given by OP are good and should do fine so long as bull market continues. There are newer better upstarts coming all the time in crypto markets so do not be complacent in your holding.


Title: Re: HODL Strategy - Exchange Coins
Post by: Bitbtc8 on May 04, 2021, 05:00:24 PM
I've always prefer centralised exchanges tokens more than Dex and right now I believe that they have the higher chance to grow bigger than many others, HT, WazirX and BNB are the top ones I'm focusing on, also people should start planning to exit the market because at this time bitcoin dominance have fall lower than past weeks, take profits while you can


Title: Re: HODL Strategy - Exchange Coins
Post by: Fesatmas on May 04, 2021, 06:01:37 PM
As a reference is more than enough, I really agree if the decision remains back to each other according to their needs and trading style. maybe not all of the options above can provide a big advantage, but one of them will make us lucky to hold it.

so there is no harm in this only as an illustration, even though the choices above are commonplace and are well known among us.


Title: Re: HODL Strategy - Exchange Coins
Post by: Bravehash on May 04, 2021, 06:35:27 PM
as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.
What I hate hearing from people is that regret of selling, I'm pretty sure that majority don't sell at loss, they make some profits but why regrets when it's not the end of everything? Atleast you make something out of the project, there is one thing I've learned in crypto space, many more opportunities will arise, this is the next big thing to happen in the world today


Title: Re: HODL Strategy - Exchange Coins
Post by: ipanks on May 04, 2021, 06:45:13 PM
BNB proves that exchange tokens can increase higher and maybe that can happen too with the other exchange tokens, as @OP mention. But to invest in that exchange token or not, that will be your own decision and you better research before you decide. Hold strategy can work for us but we should know when to sell the coin or token and take profit from that. If you just hold any coin without having a plan to sell, you will not make a profit and wait for longer than you can expect. So be wise and know when to decide.


Title: Re: HODL Strategy - Exchange Coins
Post by: JooBra on May 04, 2021, 07:04:55 PM
as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.
Well you won't be able to sell at max point almost never. If you had plan and sold UNI when you planed there is nothing to feel bad. It will be always like that in crypto world. Move one find something else and being in profit is only thing it counts.


Title: Re: HODL Strategy - Exchange Coins
Post by: xiboothrezi on May 04, 2021, 09:19:11 PM
The popularity of exchange tokens has been increasing recently.  especially after token exchanges from dex such as uni and cake hit the crypto market, then from cez there was BNB who ruled by touching the new ATH.  This gives great hope for other token exchanges to also skyrocket, with this opportunity many investors are looking for other token exchanges that have not experienced a big pump to support.  It's just that you don't need it, this pump pattern cannot apply to all, even though the market is possible for pump and dump, still use common sense and don't be greedy.


Title: Re: HODL Strategy - Exchange Coins
Post by: Stoicreddy on May 06, 2021, 09:52:39 AM
Quote
in my opinion we have to find a middle ground there are many earning opportunities with exchange coins but following many can be dispersive in my opinion we need to focus on 3 or 4 and focus only on those, at the moment i follow cake, bnb, banana and uni

Which 3 - 4 coins would you pick?


Title: Re: HODL Strategy - Exchange Coins
Post by: cryptobull27 on May 06, 2021, 09:55:42 AM
Quote
in my opinion we have to find a middle ground there are many earning opportunities with exchange coins but following many can be dispersive in my opinion we need to focus on 3 or 4 and focus only on those, at the moment i follow cake, bnb, banana and uni

Which 3 - 4 coins would you pick?
For short term like for 2-3 days as per my data research i'll get HNT, ZIL & BCD. All are going to gain easy 20-30% rise very soon.


Title: Re: HODL Strategy - Exchange Coins
Post by: Digital_Lord on May 06, 2021, 10:05:01 AM
Most of your mentioned coins/tokens have already increased a lot. So there is less chance to pump again. So I think we should find other coins for investing. Which can give us atleast 15% profit. :D


Title: Re: HODL Strategy - Exchange Coins
Post by: Raytheon on May 06, 2021, 11:32:40 AM
All the coins/tokens you picked have increased by multiple times. Holding those won't bring you huge profit. If it were me, I would apply similar strategy but with less known exchanges/platforms. Some of typical examples are BAKE (bekeryswap) and BANANA (Apeswap). Both these tokens have just increased by many times in the last couple of weeks.

Agreed, they have increased. You got the idea but you are saying to implement it in less known exchanges with an extreme risk :D. Risk might High to Very High in the coins I picked. But your idea got extreme risk and so lucrative returns.

Out of my picks CRO is still struggling to pick up and it's popularity is picking so I see potential in this.
As a saying goes "High risk, high return", those somewhat established exchanges coins/tokens only can bring you 10%, 20% profit if you buy it at this time while risks of being loss still remain. Anyway, the important thing here is risk management. I only invest in less known coins/tokens with those amounts that I am willing to sacrifice. If I win, I win big and if I lose, it's not much of a deal. Btw, CRO is an interesting coin. I will take a look at it. Thanks for mentioning it.


Title: Re: HODL Strategy - Exchange Coins
Post by: tygeade on May 06, 2021, 12:05:17 PM
I have hand picked few of them, and believe there is a huge potential for these coins to grow in near and far future. Let us share your views and comments.

Spot Exchange Tokens/Coins:
  • BNB (Binance Coin)
  • KCS (KuCoin Token)
  • CRO (Crypto.com Coin)
  • HT (Huobi Token)
  • GT (Gate Token)

I must need to agree with you because already we have witness how strong BNB coin is performing well. I guess this trend of exchange coin or token has been introduced or triggered by binance only (I guess even CRO is existing for long time). So, focusing on more of biannce related exchange coins or tokens might get us more profits in very short period of time itself.

I read there are many sister concern for binance in counties wise: two of them seem important one, one is India based exchange wazirx and another one is Indonesia based TOCO exchange. I believe these two might be performing well in coming months along with BNB.


Title: Re: HODL Strategy - Exchange Coins
Post by: TopTort777 on May 06, 2021, 12:12:28 PM
Among all mentions exchange coins, I would hold BNB only. DEX coins almost have no real usage. Their price would go up if only they would invent something new. But as a dex, it is hard to do it. Exchange coins except BNB - do these exchanges develop? Do they bring something new to market? I think Binance is the only one who surprises everyone during last years with their innovations. Other coins - they just try to copycat what Binance did, but they will never achieve same as Binance.


Title: Re: HODL Strategy - Exchange Coins
Post by: TribalBob on May 06, 2021, 01:08:50 PM
all the tokens described are all good and have good value, especially uni I am very sorry to sell at the beginning, try to hold back a little maybe I will get a lot of profit from being distributed, but it is not good to pay for items that are not in hand, and let's look again a valuable asset


Title: Re: HODL Strategy - Exchange Coins
Post by: CryptopreneurBrainboss on May 06, 2021, 02:01:55 PM
All the coins/tokens you picked have increased by multiple times. Holding those won't bring you huge profit. If it were me, I would apply similar strategy but with less known exchanges/platforms. Some of typical examples are BAKE (bekeryswap) and BANANA (Apeswap). Both these tokens have just increased by many times in the last couple of weeks.

Don't think in that manner, as they can still give huge returns. In fact most times we have to ignore the random projects pumping up every now and then and just focus on those that are actually having an impact on the community. Early this year binance was trading around $40 and I was seeing similar advice all round the forum on how others less costly project are more likely to give higher profit than binance coin but today the story is different.

While you made good choices in your token selection, you can play the safe game and diversify (although not much of diversifying since they're all altcoins in the same market) that's tinsane invest in both the high market cap coins and the low market cap.

Seems both bake and banana are having an me corrections so it might be the right time to get in but do your research so you don't buy while the market is still correcting.


Title: Re: HODL Strategy - Exchange Coins
Post by: ethereumhunter on May 06, 2021, 02:26:58 PM
Most of your mentioned coins/tokens have already increased a lot. So there is less chance to pump again. So I think we should find other coins for investing. Which can give us atleast 15% profit. :D
We do not know for sure about that because the price can get another rally and get more pumps in the future and he can wait for that moment. He can sell his coins/tokens when the price surge higher and not wait for the next high price. But after the coins/tokens get a pump before, the price will go down for a while and if the supports come again, the price will start to rally and reach the next high price. If we can act based on the market situations, we will have a chance to profit.


Title: Re: HODL Strategy - Exchange Coins
Post by: jrrsparkles on May 06, 2021, 02:59:56 PM
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.


Title: Re: HODL Strategy - Exchange Coins
Post by: tvplus006 on May 06, 2021, 03:16:11 PM
as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.

It's not a big problem that you sold your coins before they reached high. I hope that with the money you received, you bought other coins that brought you profit. Fomo can only happen if you still hold stable coins that can't bring you profit. And in other cases, the market gives us a lot of chances to earn money every day.


Title: Re: HODL Strategy - Exchange Coins
Post by: Atang Sulaeman on May 06, 2021, 03:20:45 PM
not all genuine exchange coins have a very high price, some even have a low price,
but if you apply the system that you mention it has its respective risks.


Title: Re: HODL Strategy - Exchange Coins
Post by: cryptoaddictchie on May 06, 2021, 03:30:47 PM
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.
Thats true. Even the dex are performing well, if only I bought and hold all those exchange coins even on dex I'm sure I made a lot of fortune. Its true that their liquidity and volume will always stay on top like the bnb, kc's, uni, and Sushiswap. These coins are highly top notch project and I regret not holdimg some of those especially the uni tokens.


Title: Re: HODL Strategy - Exchange Coins
Post by: Golftech on May 06, 2021, 04:05:28 PM
Most of your mentioned coins/tokens have already increased a lot. So there is less chance to pump again. So I think we should find other coins for investing. Which can give us atleast 15% profit. :D
We do not know for sure about that because the price can get another rally and get more pumps in the future and he can wait for that moment. He can sell his coins/tokens when the price surge higher and not wait for the next high price. But after the coins/tokens get a pump before, the price will go down for a while and if the supports come again, the price will start to rally and reach the next high price. If we can act based on the market situations, we will have a chance to profit.

If you do understand the full market cycle the chance are high to gained good amount of profits, the principle of

buying low and selling high, with rinsing every opportunities to buy your assets at it's best price, though there are

many different kinds of strategy coming from different types of investors and traders, what's always best is you

understand what you are doing and you act accoding to your plans.


Title: Re: HODL Strategy - Exchange Coins
Post by: beerlover on May 06, 2021, 04:30:08 PM
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.
If you are referring BNB as over-priced, I do not agree with that. There are lots of potentials yet to be unveiled by binance hence we cannot assume that BNB is trading at over bought levels. I agree we may focus on exchange coins/tokens which are into development phase but I feel that would be more risky than what we can invest with binance/kucoin kind of already established exchanges.

I have been holding BNB and I am in plan to invest more into few of other exchange based coins and token. I may not rush this time but I am always looking for right opportunity to invest and hold for years.


Title: Re: HODL Strategy - Exchange Coins
Post by: abel1337 on May 06, 2021, 05:38:14 PM
Coins created from exchange will perform well if the exchange is performing well and trying to lure more customers so its simple to find which exchange is going in the development stage and which coins are already reached that stage and some of them are over priced.
If you are referring BNB as over-priced, I do not agree with that. There are lots of potentials yet to be unveiled by binance hence we cannot assume that BNB is trading at over bought levels. I agree we may focus on exchange coins/tokens which are into development phase but I feel that would be more risky than what we can invest with binance/kucoin kind of already established exchanges.

I have been holding BNB and I am in plan to invest more into few of other exchange based coins and token. I may not rush this time but I am always looking for right opportunity to invest and hold for years.

I have the same thoughts about BNB, It is still not at its peak if we based on the potential of the Exchange and the actual usage of it. I just regret not bagging up BNB on its accumulation period. BNB could suffer some correction from time to time now but I believe that in the future it will go skyrocket. I am holding some BNB in my wallet for actual usage and also waiting for the dips to buy some.


Title: Re: HODL Strategy - Exchange Coins
Post by: ethereumhunter on May 07, 2021, 04:56:50 AM
Most of your mentioned coins/tokens have already increased a lot. So there is less chance to pump again. So I think we should find other coins for investing. Which can give us atleast 15% profit. :D
We do not know for sure about that because the price can get another rally and get more pumps in the future and he can wait for that moment. He can sell his coins/tokens when the price surge higher and not wait for the next high price. But after the coins/tokens get a pump before, the price will go down for a while and if the supports come again, the price will start to rally and reach the next high price. If we can act based on the market situations, we will have a chance to profit.

If you do understand the full market cycle the chance are high to gained good amount of profits, the principle of

buying low and selling high, with rinsing every opportunities to buy your assets at it's best price, though there are

many different kinds of strategy coming from different types of investors and traders, what's always best is you

understand what you are doing and you act accoding to your plans.
Besides that, do not forget to make many plans or strategies for the different markets so you can know which strategy that you can use based on the current situation. It is always recommended if you can buy low and sell high, but that opportunities will not always come to us so be careful to decide. We need to always analyze the market to know when the time to enter the market because the market can move randomly without us know.


Title: Re: HODL Strategy - Exchange Coins
Post by: Zilon on May 07, 2021, 07:30:59 AM
This coins has made 100% from the beginning of the year untill now. It's only for investors who bought this coins/tokens earlier than now that could adopt the hold strategy since the entered the game at a very low price still expecting the prices of this coins would still pump up taking the prices even higher although it's just a prediction and is open to correction


Title: Re: HODL Strategy - Exchange Coins
Post by: blockman on May 07, 2021, 07:36:38 AM
I have the same thoughts about BNB, It is still not at its peak if we based on the potential of the Exchange and the actual usage of it. I just regret not bagging up BNB on its accumulation period. BNB could suffer some correction from time to time now but I believe that in the future it will go skyrocket.
Many have been regretting that we didn't bag BNB when it was very cheap before. It has risen a lot within a short period of time just after bitcoin's surge in its price.

I am holding some BNB in my wallet for actual usage and also waiting for the dips to buy some.
I would do it also but I think the price is quite high already even if it dips.


Title: Re: HODL Strategy - Exchange Coins
Post by: Ezravdb on May 07, 2021, 08:20:18 AM
This is Not a Financial Advise, I am not a Financial Advisor. You should be prepared to loose all the money you put in Crypto, if not do not put in that money.

I would like to talk about the Exchange Coins, which got a huge potential.

In a traditional stock market if you want to buy stocks you need to go through a broker, if you want to buy currencies you need to through a forex broker/trader. These are the ones who mints money irrespective of the markets going up or down.

Unlike a traditional market we don't have these middle men (brokers) in Cypto Markets. We directly deal with the exchanges. Exchanges are the ones that make money irrespective of the market moments (bullish/bearish).

Each crypto exchange has a native token (commonly called as coin) that offers discounts in the trading fee, when you pay the commission using the token that is native to that exchange. Just like how the brokers make money in a traditional market, Cyrpto Exchanges makes money through the commissions collected from the users.

I strongly believe that these tokens should be part of every user with HODL strategy. These are not flying to moon coins but, I see a steady growth with a crystal clear use case. As an example look at Binance Coin BNB, we all know what happened to these coins it was trading in 2 digits few months back, at the time of writing this topic, it was trading at around $650.

I have hand picked few of them, and believe there is a huge potential for these coins to grow in near and far future. Let us share your views and comments.

Spot Exchange Tokens/Coins:
  • BNB (Binance Coin)
  • KCS (KuCoin Token)
  • CRO (Crypto.com Coin)
  • HT (Huobi Token)
  • GT (Gate Token)


Decentralized Exchange Tokens/Coins:
  • UNI (UniSwap)
  • CAKE (PanCakeSwap)
  • SUSHI (SushiSwap)
  • BURGER (BurgerSwap)
  • 1INCH (1inch)


Lending Exchange Tokens/Coins:
  • XVS (Venus)
  • AAVE (Aave)
  • COMP (Compound)


Some of the coins that you mentioned I have invested in the previous months. However, I was unable to hold on any longer as I was tempted by the rising prices. for now I only hold xvs because there is an Airdrop event on May 15.


Title: Re: HODL Strategy - Exchange Coins
Post by: Godwinpaul on May 07, 2021, 08:38:56 AM
I'm also a believer of the possibilities in exchange coin. No doubt we've seen the substantial increase in value of bnb, and I'm looking forward to seeing more exchange coin increase substantially in value. I see possibilities in KCS and hope to see it happening soon.


Title: Re: HODL Strategy - Exchange Coins
Post by: Jackl87 on May 07, 2021, 10:12:55 AM

I would like to talk about the Exchange Coins, which got a huge potential.

I have hand picked few of them, and believe there is a huge potential for these coins to grow in near and far future. Let us share your views and comments.


From the tokens that you have listed i sadly only own a few KucoinShares. I am pretty happy that i own them though becaues i really like the fact that you get a little daily bonus if you hold those KuCoinShares on their exchange. I don't own any BNB which i regret a lot that i didn't buy some of those back in 2017 or even a few months ago but i would personally never buy BNB now. They already did make more then x10 in the last few months so i don't really think that there is room for more multiplications in value also now that the ETH-Fees are going down a bit and the BSC-hype could slow down a little.


Title: Re: HODL Strategy - Exchange Coins
Post by: Altcoinsintel on May 07, 2021, 10:22:38 AM
Many of these coins have huge potential to the downside. If you have limited knowledge of them market don't be so sure you will profit from BNB or Huobi token or anything else right now. It is the market stage where it is the most speculative and you thinking that BNB will reach trillions for absolutely no reason means you will lose money in the end.
If you plan to invest today for long term it is probably the worst time.
If you plan to trade any time is great, as long as you understand trading.


Title: Re: HODL Strategy - Exchange Coins
Post by: H1N1 on May 07, 2021, 04:37:14 PM
as long you know when to cash out, i totally aggree, i just sell my free 400 UNI last year, damn it , and also i did the same mistake on Cake, sell to early, also XVS when it reach $60 , now i just buy back a similiar token , i mean JulD , which probably get listed to binance like burger recently.

Actually, the price of UNI and CAKE is getting higher because people sold it with cheaper price including you, and later many people bought them with a higher floor price. We all learned by our mistakes, and i think there are many new exchange coin/tokens out there. Banana coin from Apeswap is one of them, why don't you try to buy some ?


Title: Re: HODL Strategy - Exchange Coins
Post by: irsykes on May 07, 2021, 05:37:50 PM
Exchange Coins is good. As long people really make attention which coin that they will hold. Because some exchanges have chance to collapsed. After collapses, their coins wouldn't usable anymore. If me i will pick on big exchange coins because although chance to collapsed is smaller, i think they are more attract investor to buy and hold it too. So it can made more demands.


Title: Re: HODL Strategy - Exchange Coins
Post by: fullhdpixel on May 07, 2021, 07:03:55 PM
Exchange Coins is good. As long people really make attention which coin that they will hold. Because some exchanges have chance to collapsed. After collapses, their coins wouldn't usable anymore. If me i will pick on big exchange coins because although chance to collapsed is smaller, i think they are more attract investor to buy and hold it too. So it can made more demands.
Yes I agree, exchange based coins/tokens are definitely having big future as long as those exchanges are with us. Yeah, we need to remember how many exchanges got hacked in the history of cryptocurrencies. So, it is having huge potential and also coming up with similar kind of risks as well. So, needing to diversify across many exchanges will help anyone to hit definite profits regardless of any unexpected event for any one or two exchanges.

I am holding BNB and planning to buy kucoins and wazirx exchange based coin/tokens. I am sure these are surely having 10x potential to unveil in coming years; just need more patience to hold them tightly to enjoy good returns later on.


Title: Re: HODL Strategy - Exchange Coins
Post by: aakay on May 09, 2021, 06:15:53 PM
This is quite interesting. I am currently holding a couple of those coins with my eyes set on more. The exchange coin i have high hopes for is currently BNB. Cake is another good coin then am currently keeping tabs on apeswap($BANANA) am currently involved in their bounty programme and i must say am impressed with them so far.


Title: Re: HODL Strategy - Exchange Coins
Post by: 2tang on May 09, 2021, 06:44:00 PM
This is quite interesting. I am currently holding a couple of those coins with my eyes set on more. The exchange coin i have high hopes for is currently BNB. Cake is another good coin then am currently keeping tabs on apeswap($BANANA) am currently involved in their bounty programme and i must say am impressed with them so far.
Same, I am also very impressed with apeswap ($ BANANA), because in addition to the current token unit price, the team is also trying to develop this project in a better and more serious direction, so I like it.


Title: Re: HODL Strategy - Exchange Coins
Post by: cryptobrzy on May 09, 2021, 07:06:53 PM
Exchange coins are very valuable and most if them dont get enough attention because their prices dont pump as hard as a lot of other altcoins. However, the are a lot more stable investment than the more volatile coins. These type of exchange cryptocurrencies also have an utility and are already serving their purpose, so it makes a lot of sense that someone should have a good portion of their portfolio diversified into the exchange altcoins